Raise your hand if you want to own Twitter. Now that you only have one hand free, you are going to need to offer something neither Facebook nor Google has (including more than a quarter million dollars in cash apparently). Based on Biz Stone’s recent post about negotiations with Google, I am going to assume Twitter won’t be getting acquired any time soon.
Twitter, Google, and Facebook each offer unique value, but obviously they are linked whether they (or we) like it or not. Until recently, Facebook was the news-maker and Google was the understood powerhouse of the Internet. Google is still the undeniable heavyweight champion of the world…but is there a contender? And can Facebook only make news these days if it attempts to buy Twitter?
We already know why Facebook is Scared of Twitter (Basically, Facebook is afraid that Twitter has a better community building mechanism, and businesses and celebrities are able to connect with customers/fans better). Should Google be scared as well? It has been no secret that a major chunk of Twitter’s value can be found in the search abilities. Why else would Twitter jump all over Summize (well, formerly Summize – search.twitter.com* now)? The question is not whether real time search is useful, but whether real time search competes with Google search.
TechCrunch posted this week that “[Twitter] holds the keys to the best real time database and search engine on the Internet, and Google doesn’t even have a horse in the game.” Apparently Google thinks real time search is a threat, but they are confident that both can not only survive, but are necessary. I agree.
So, Twitter is now valuable for community building and real time search. Which is more important to Twitter and the market? I appreciate that Twitter has hardly even flinched at the mention of a buy out because I want them to develop the product as they see fit rather than primarily influenced by search or community driven goals.
Twitter has pitted Google against Facebook. Search vs Coummunity. Until further notice, Twitter, the middle man, is winning this three-way battle. I believe the Twitter community could survive without search, but the search function of Twitter could not survive without a strong community. On the other hand, searching Twitter allows the community to grow and be useful for business…
What do you think? What is Twitter’s main purpose or value? Will Twitter sell out? Would the community’s worth slowly diminish without an effective search platform?
*If you haven’t heard of, seen, or been chosen to try the new interface Twitter is testing, you are missing out. While it is much more enjoyable to look at, one of the best parts is a search box in the sidebar and a list of trending topics directly below that. Miss out no more (view it here)!